Ardan International implements Financial Risk Solutions (FRS) tech to grow wealth management business

Ardan International, an Isle of Man-headquartered wealth management provider, has adopted Financial Risk Solutions (FRS) technology for its newly launched tier-one wealth management platform.

Ardan International, an EMEA market leader with significant success in the Middle East, won Best Platform at the 21st International Investment Awards last month for its ease of use and round the clock service to international intermediaries.

 
Powered by FRS technology, the wealth management platform enables Ardan International to provide an intuitive and secure digital investment portal to their international client base of ex-pats, trustees and corporates and their advisers. The white-labelled, multi-currency portal allows investors and/or their authorised financial advisors to buy and sell a wide range of assets online and view portfolio valuations on a 24/7 basis. These assets include collective funds, equities, ETFs and structured notes in 11 different currencies. This portal then connects to FRS’s back office investment administration system Invest|Pro for straight-through-processing (STP), ensuring a seamless investment process for Ardan International and its clients.
 
The decision to upgrade systems to FRS technology was driven by FRS’s track record as a provider of award-winning front to back-end investment administration software that adds significant value to today’s sophisticated wealth management platform sector. The solution has assisted Ardan International to:
 
• Significantly enhance the digital journey and intuitive user experience for their clients

• Establish a new operating model with light human touch and rigorous back office controls

• Introduce straight through processing from front to back office significantly reducing operating costs and operational risk

• Launch model portfolios and new wealth and investment products, compliant with the latest regulations in a matter of days
 
Ardan International CEO Sarah Dunnage, says: “FRS’s technology has enabled us to develop a world leading wealth management platform that significantly enhances our clients’ digital experience. The transition has been seamless and we are excited by our improved customer proposition, rich functionality and the light-touch platform for new business. This solution will help us scale our business and execute our expansion plans over the next few years.”
 
Frank Carr, Chief Marketing Officer at FRS, says: “We are thrilled to extend our capabilities in the wealth management sector through our partnership with such a growth-focused firm as Ardan International. We look forward to a long relationship with Ardan enhancing their clients’ digital user experience while maintaining rigorous back office controls in the growing wealth industry.”